Page 36 - Markets News

Gold rallies ₹1,950 to record high of ₹127,950 per 10 grams in Delhi

Gold prices rallied by Rs 1,950 to hit a fresh peak of Rs 1,27,950 per 10 grams in the national capital on Monday, driven by safe-haven demand amid renewed US-China trade tensions. According to the All India Sarafa Association, the precious metal of 99.9 per cent purity had closed at Rs 1,26,000 per 10 grams on Friday. In addition, gold of 99.5 per cent purity jumped by Rs 1,950 to touch an all-time high of Rs 1,27,350 per 10 grams (inclusive of all taxes). The yellow metal had settled at Rs 1,25,400 per 10 grams in the previous market session. "Gold prices rose sharply higher as renewed US-China trade tensions reignited safe-haven demand," Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities, said. The US administration's announcement of a 100 per cent tariff hike on select Chinese products, coupled with China's threat to restrict rare earth exports, has heightened global uncertainty and risk aversion. "This geopolitical tension, along with sustained deman

US-based Tryfacta plans IPO at GIFT City to raise up to $150 million

US-based Tryfacta Inc is planning to file draft papers for its initial public offering (IPO) by the end of this month to raise USD 100-150 million through a listing on the international exchanges at Gujarat International Finance Tec-City (GIFT City), according to people familiar with the development. Currently, the only other company that has filed for an IPO at GIFT City exchanges is Mumbai-based education platform XED, which submitted its draft papers in August. XED aims to garner funds for working capital needs, technology capex, and general corporate purposes. At present, there are two GIFT City Exchanges -- India INX and NSE International Exchange (NSE IX) -- located within GIFT City. According to sources, Yoki Financial Services, an arm of Mefcom Capital and an IFSCA-registered investment bank, has been appointed as the lead manager for Tryfacta's public offering. An email sent to Yoki Financial Services seeking comments on the development remained unanswered. Headquartered

Equity MF inflows ease 9% in Sept; gold, silver ETFs draw record sums

Equity fund flows moderate amid higher redemptions, while SIPs hit record highs and flexicap funds continue to see strong investor interest

Sebi, bourses align penalty framework to ease brokers' compliance

New Sebi framework aims to reduce duplication of penalties, bring uniformity across exchanges, and ease compliance for brokerage firms

LG Electronics India's ₹11,607 crore IPO draws record ₹4.4 trillion bids

LG's Rs 11,607-crore IPO drew record demand from investors, making it the most subscribed large-cap issue since 2020, with strong institutional and HNI interest

Silver ETFs trade at steep premiums amid physical supply shortage

Kotak MF halts lump sum, switch-in subscriptions in Kotak Silver ETF Fund of Fund

Prestige Estates' strong H1 puts it on course to top FY26 guidance

Realty major Prestige Estates' record H1 sales and strong Q2 demand boost investor confidence as brokerages expect it to exceed its FY26 sales guidance

Nykaa's faster growth keeps Street bullish, but valuations rich too

Nykaa Fashion may have gained market share even if growth has been slower than in BPC

Sebi to review SLB framework for wider user participation: Ananth Narayan G

Whole-time member Ananth Narayan says Sebi aims to improve design and process efficiency for SLB trades, boosting participation and cash market depth

LG Electronics IPO subscribed 3.3 times on Day 2 with ₹27,000 cr in bids

The ₹11,607-crore IPO drew ₹27,000 crore worth of bids and over 3.4 million applications, with strong participation from institutional and high-net-worth investors

Trent's Q2 update disappointed Street, but outlook still bullish

Trent's Y-o-Y store growth accelerated vs Q1. With Westside adding 13 stores, Y-o-Y store growth was 15 per cent in Q2 vs 9 per cent in Q1

FPIs call for margin netting and centralised documentation process

The suggestions came during a panel discussion at the Global Fintech Fest, attended by a Sebi official and leading industry participants

Sebi lifts trading curbs on an individual in V Marc India IPO case

Sebi on Tuesday revoked all restrictions imposed on an individual in connection with alleged irregularities in the initial public offering of V Marc India Ltd, after its investigation found no evidence of the individual's involvement. "... revoke all the directions issued vide the interim order qua Ms Rekha Kurani with immediate effect," Sebi's whole-time member (WTM) Amarjeet Singh said in the order. The Securities and Exchange Board of India (Sebi) had passed an interim order in February 2024, restraining 12 entities, including Rekha Kurani from securities market and directed them to deposit their alleged wrongful gains. Additionally, the regulator had impounded wrongful gains of Rs 6.38 crore made by some of the entities from the manipulative scheme. This case primarily deals with fraudulent and manipulative trading in the scrip of V Marc India Ltd, listed on NSE's SME segment, prima facie orchestrated by the promoter and company management, along with connected parties. Later,

Rs 4 trillion and rising: MFs on course for record equity purchase in 2025

Mutual funds' equity investments top Rs 4 trillion so far in 2025 and may breach Rs 5 trillion by year-end, offsetting foreign selling and steadying markets

LG Electronics IPO draws Norway, Singapore wealth funds as anchor investors

The initial public offering comes during the second-busiest quarter on record for Indian listings, with firms set to raise up to $8 billion

Nifty hits 25K comeback trail: Banks and IT stocks do the heavy lifting

Financial and IT stocks drove a third straight day of market gains as Nifty rose above 25,000 and Sensex ended at 81,790 amid upbeat quarterly updates

Passive mutual funds gain traction; AUM rises to ₹12.2 trn in 2025

Passive mutual funds are gaining traction with the industry's assets under management rising to Rs 12.2 lakh crore in 2025, a jump of over six-fold in six years from Rs 1.91 lakh crore in 2019, according to a survey released by Motilal Oswal Mutual Fund on Monday. In just over two years since March 2023, the asset base has grown 1.7 times. The survey, which captured insights through the lens of over 3,000 investors and more than 120 distributors, including MF distributors, registered investment advisers and wealth managers across India, found that 76 per cent of respondent mutual fund investors are aware of Index Funds or ETFs in 2025. Moreover, 68 per cent of investors surveyed have invested in at least one passive fund in 2025, up from 61 per cent adoption in 2023. However, even with this adoption growth, one-third of investors remain outside, citing higher confidence in active funds or unfamiliarity with passive products. According to the third edition of Motilal Oswal Mutual ..

Equity investors shift focus from export sectors amid US trade hurdles

Weighting of domestic demand-driven sectors surges; 'sunrise' stocks leap ahead

IPOs, QIPs, block deals: I-bankers play the ECM table and cash in big

Jefferies tops overall $1 billion fee pool, turning blockbuster deals into jackpot wins

Uptrend meets unease: Bulls advance, but only a slim herd corrals market

ADR ticks above 1, yet most stocks trail the charge